Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/dev.webpronews.com/public_html/wp-includes/functions.php on line 6114
LG May Produce the Apple Car «

LG May Produce the Apple Car

Apple is reportedly close to striking a manufacturing deal for the rumored Apple Car — with LG as the likely partner....
LG May Produce the Apple Car
Written by Matt Milano

Apple is reportedly close to striking a manufacturing deal for the rumored Apple Car — with LG as the likely partner.

Apple has been rumored to be working on the Apple Car, code-named “Project Titan,” for years. The company was close to a deal with Hyundai earlier this year, but the negotiations ultimately broke down.

One of the likely issues was Hyundai’s loose lips. The company initially confirmed it was in talks with Apple, before realizing that the first rule of working with Apple is: Don’t talk about working with Apple. The car manufacturer quickly issued subsequent statements walking back its initial confirmation, but apparently not in time.

It appears Apple has found a willing partner in the form of LG, in combination with its partnership with Canada-based Magna International. The two companies’ joint venture is tentatively expected to be called LG Magna e-Powertrain. According to The Korea Times, the venture is “very near” to signing a deal with Apple.

The most significant part of The Korea Times story, however, is this line: “LG officials declined to comment on the matter.”

It appears LG is already off to a better start than Hyundai.

Subscribe for Updates

AutoRevolution Newsletter

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.
Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit